If you compare the increase in value of investment property in Birkdale, 4159 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 16.47%.
Birkdale,4159 has offered an average of 16.47% return per annum in house price rises to property investors over the last three years.
At number 592th of QLD’s most discounted properties, Birkdale is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Birkdale the average time real estate has been on the market is 30.5301 days.
Renters in Suburb are facing rents around $26000 per annum or $500 every week.
With a capital gain of 10.34% for the last 12 months, Birkdale, 4159 has performed for property investments than its average annual 2.35% property growth over the last 5 years.
Over the longer term, Birkdale has seen property prices show investors a 8.47% return over the last 3 years. This is an improvement over the last 12 months
The QLD suburb of Birkdale, 4159 is in the Redland (C) local government area.
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Buyers enjoy a central location
Median house price: $569,500
Three-year growth: 15.6%
Rental yield: 4.3%
Stretching from Tingalpa Creek to Wellington Point, the suburb of Birkdale is rich in amenities, with a location that offers access to shops and dining establishments.
After 7.5% growth in the 12 months to May 2018, the median house price hit $570,000. This maintains the five-year streak of steady increases in values.
Investors enjoy a consistent stream of tenants while reaping 4.3% yield on weekly rents of $470, as the rental market boasts an average vacancy rate of just 0.9%.
Birkdale offers a lifestyle that is removed from Brisbane’s busy city while keeping residents close to the water, to schools, shops and public transport. A major shopping hub is located near the housing development of Aquatic Paradise. Birkdale State School and Birkdale South State School have been established here as well. Trains to the city stop at Birkdale railway station.